XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Oxide plant lease $ 1,771 $ 1,729 $ 5,107 $ 4,768
Total revenue 1,771 1,729 5,107 4,768
Costs and expenses:        
Oxide plant lease costs (619) (549) (1,704) (1,478)
Exploration expense (977) (927) (1,968) (2,865)
El Quevar project (expense) income (183) 65 (524) (308)
Velardena shutdown and care and maintenance costs (379) (456) (1,098) (1,589)
Administrative expense (694) (897) (2,592) (3,141)
Stock based compensation 7 (95) (300) (666)
Reclamation expense (49) (47) (146) (144)
Other operating income, net 951 1,281 1,813 1,558
Depreciation and amortization (138) (346) (456) (1,317)
Total costs and expenses (2,081) (1,971) (6,975) (9,950)
Loss from operations (310) (242) (1,868) (5,182)
Other income and (expense):        
Interest expense       (515)
Interest and other income 15 10 37 12
Warrant derivative gain (loss)   (545)   (2,821)
Derivative loss       (778)
Loss on debt extinguishment       (1,653)
Loss on foreign currency (23) (21) (20) (63)
Total other income (expense) (8) (556) 17 (5,818)
Loss from operations before income taxes (318) (798) (1,851) (11,000)
Income tax benefit       26
Net loss (318) (798) (1,851) (10,974)
Comprehensive loss, net of tax:        
Unrealized (loss) gain on securities 11 107 (92) 278
Comprehensive loss $ (307) $ (691) $ (1,943) $ (10,696)
Net loss per common share — basic        
Loss (in dollars per share) $ 0.00 $ (0.01) $ (0.02) $ (0.14)
Weighted average common stock outstanding - basic (in shares) [1] 91,097,279 88,878,371 90,028,480 78,080,858
[1] Potentially dilutive shares have not been included because to do so would be anti-dilutive.